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一 ︑ 一 一 1 ヽ1( l ll()ヽ ヽ l:lRSI()ヽ 一 一 一 一 lOprraliorl \uutbrr +E098 ) 一 一 一 一 一 一 一 一 1()Aヽ 人('ltEEiЧ Eヽ T 一 一 (C● Orgia sOlid W8§ te Man3Rcment Proicc() 一 betwccn CEORCIA and 一 nt;ROPEAN BANK 一 FOR RECONSTRtiCT10N AND DEVEI´ OP卜 lENT 一 一 = 一 ー 一 ー 一 一 一 一 Dared lf, July 2ol6 EXECUT10N VERS10N TABLE OF CONTENTS ARTICLE I― STANDARD TERMS AND CONDIT10NS:DEFINIT10NS… ……………3 …… ……………………… 3 Scction 1 02 Dcflitions̲ ¨… ……4 … …… Seclon 1 03 1nterprctatiOn… ………… … ……………… ………… ………… ……5 Section 1 01 1ncorporation of Standard Te"̀Is and ConditiOns ARTICLE H‐ PRINCIPAL Tじ RMS OF THEし OAN… … ………………… ………………… 6 Scction 2 01 Amountand Curency …… … …… …… … … …6 Section 2 02 CXhcr Financial Tcnns oFthc Loan Section 2 03 Drawdowns… …………… …… … … … … … ………6 …… … …… … …… … … ………… … 7 ARTICLE lll‐ EXECUT10N OF THE PROJECT… … … … … … … … … ……7 Seclon 3 01 0thcr Afflnnatlvc project covcnants… ……… ………… … …… 7 Section 3 02 Consultants … ……… … …… … …………… …… 8 Section 3 03 Procurcmcnt 9 ………………… …… ……… ………… … … …… ARTICLE IV‐ SUSPENS10N,ACCELERAT10N,CANCELLAT10N… Section 4 01 Section 4 02 Suspension …… …… ………… … Acceleration oFMaturlty ……… ……… … ……… … 9 …… …… … … …9 … …… ………… 10 ARTICLE V‐ EFFECTIVENESS… ………… … … … ……………… … … … … …■0 10 …………… … … Scction 5 02 Lcga1 0pinions … ………………………… …… ……10 … Seclon 5 03 Te、 1= nation for Failure to Become EfFectivc… …………… ………………ll Section 5 01 Conditions Prcccdent tO Eftctivcncss ARTICLE Vl‐ MISCELLANEOUS… …………………………………… ……………………………‖ Scction 6 01 Noticcs … …… …… …………11 …… …… Sl ……… ……… … SCHEDULE l‐ DESCRIPr10N OF THE PROJECT… …… …… SCHEDULE 2‐ CATECORIES AND DRAWDOWNS… ……… ………………… …………S2 輝 一 ココココ Ｌ﹄﹄Ｌ﹄﹄﹄﹄﹄﹄﹄﹄ 詢缶﹄﹄静﹄押卜︼静卜﹄﹄﹄鋤︼ :ヽ 1( l 11()ヽ ヽIl lく ヽ1()ヽ I,oAN A(;RE}:IIE\'I AGREEMENT aated 1L July 2016 bclwecn GEORGIA (rhe "Borroqer") arrd (fie OUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT "Banl"). PRI]A}I I] LE {A) WHEREAS. the Bank has been established to provide l'inancing [or specific to promote ;roiecls lo fosler the transition towards oPeD market_oriented economies and lirropean couDtrlcs Dri;ate anil entrcprcneurial initiati\e tn lhe Cenlral and f:-astem I"..it"J," anl applfing thc princiFles ol-mullinarl)- <lemotracl' pltrralisnr and matkcl economics: rlr*rihcJ in {Bl \\ H}:Rt:As. lhlj l}ort'\\cr rrrr(nd\ I" rnrflt'rn(nr lhe l'r')l(!t 'i: ili"uui" r ttfr,.r, i\ dcsrgne,l o.r*ril rr' 'nhrrncing lhc s.'lid \lslc !.'lltclr\'n capcil) \aslc is d'lr\'rcd l.' lhe oiit. a.n.ti"iu.i". (as d;fincJ bclo$) and erLsur' lhal solid wasre cotlecrion \chicles solid ,tt*rgh llnanctnB ol'thc acquisition ol ""i-"ii"tai,iii an; solid \\aste conlsiners to bc used h) lhc Rcn(ficraries: rcl WHEREAS. lhe l'roiecl uill tre carried out h) lhe Prolcct ljnl(\ ra'i dclined from lhc llorru$cr uno rn ilf""r "na each Benefiiiary \ ilh linancial essislance ioto hctu'een tlrt llank and lht u"l]663n6g rvith a I'rojec! Agrecmcnl lo bt 'nlered ): e.oi.cr lnrirl on ttt" Aotc hcreol (tlte "Proicct Agrccnrcrl (D) WHEREAS, lhe Bonowe. has requcsted assistancc Projectl liom thc llank in llnancinS 'he coopcration lunds on a (E) WHEREAS. rhc Banl intcrrtl' t('inrke rlailable tcchnical .--^, h"ci< r^,..isr in rmDlemcrltrrtr' ran I) of lh( Pr('lecr' nanlcl\ lirth( nrcnrr'nr"n r""i.,'n'r'|r"n Irr"rrrmnr' r's 'rcrin(d h(r"\\ r: rrrr ::T: illi:i,J,:i,,ii h' "i 'n.".i.+"r'i.' 'r!':rrLJ,' il::i:::::ilil;;;;',.ii,;,""'"' 'hcu'rqc\1 rn'ri'n*rrrI'rJIr' \ociJr rmpr'rnrnt,tiorr.r rhe rrr\rr.nnr(nrir .rnd ;l';'::Til#.;;,, l"a ii'i' 'n" \srccnrenrr' suhr".L ro trre tt'rrnr rrnJ r.nJttr"ns tfii;;;:;;J in rhe l'rorect ltith cooperati'rn !r;mt agrcrnrsnl sitlr the fl'rrri'$tr ^:.i; ," il'.o ili i" f"l technical " ald {hl a lr,rhnicai coop;rrlr.rn lrr ! J[rccmcrn \\iLh Ihe ,".i..,-i" ii., ti) abote (each a "l( (lrant Asrecr)rent" ;l'i::i iliilil "nitooether the t"lt''" tiir.una tiiir above &"t "TC Agrcements")' Cranl lhe l]3Dk \!ill makc t\ailublc a granl thcBunt 'Srrrruh"lLi(r \r(cr'rl IrrnJ ["rlh in ir Ltirnl uni condition' to hc rf r WttU.ng.ls, ru,*i:'l rrr linrn(rn! lht l'r'li'cl l;:;;:,;i.i;;t;LUR:otrurtrrdfir'nn"'lhr t"..t '(lIn'It"slr Ithe,'Cranl Financing"). suhjecl lo tn" thc umong into 'rnJ Ih' h"nte"d to Apree"nt"t ;;:;;'i',il;;6;, Bank: and 員自白自白 自軒︼﹄飼魚筆彙自白 員 置 費 ︼︼議 一 一 ¨ 一 一 EXECT ',l lON VERSION ((i) WHEREAS, the Bank has xgrecd on lhc b sis ot. nld'.r1nl. lhe lbrell)ing lo makc a loan ro the Boror\cr in rhe irDro$nt of I:tlR 10.()00.0{)(}. subiecl lo lhc terms and condi(ions sel lbnh or refcrred to ro lhis .\Sreenrenl end thc l\'()i(cl Agrccnrenl NOW, THF,RF,t'ORU, thc PJnrcs herrjb\ gree r\ lollo\r' ARTICLE I - STANDARD TERMS AND CONDITIoNSi DETINITIONS Section 1.01. lncorporrtion of Standrrd Tcrms rnd Citnditions All ol the pro\,isions of lhe Rank's Slandard Terms and ( ondilions dated l t)ecember 2012 are hcrcb) incoBoralcd into and mldc applicable to this AgreemcDt wi$ the same lbrce and effect as ilthe) sere lilll)-scl lb(h herein. subjecl. horvaver. ltr the following modifications (such provisions as so modified are hereinafter called the "standard Terms and Condilions"): (a) The definition of 'Lrro". "l:tjR" or "€" in Scclion 2.01 ol tlre Stan'lard Tclnrs and ( ondilions shall. fo! plrrposcs olthis .'\grecrnenl. he nrodificd to re'rd rs lbll{'us: "'I'ur(,. ljL Il ,r't Drc n\ th(' h\\lill currcnc) ol lhc nlelnhcr \llttcs ol lh0 Lur('p(.rn lrrr,,rr Ihrl rJ"ll Ilr( :rr,!1. (LIrr(rr.\ 'n 61q61cl rce rtillr the legislaliolr ol lhe LtrroPc^n Ilnion relating to economic nnd monctar!' union " (b) lhe definitions of "Coercive Pmctice". "Collusive l'raclice"' "Corrupl Practicc" ani "Fraudulent Practice" in Scclion 2.02 ofrhe Sundard'lerms antl Corrditions shall' for purposcs ofthis Agreement. be deleled in their enlirely' (c) l-he d€linilit)n ol "Prohrbilcd Prnctice ' in Scclion l'tl2 d llrc Sland l cflns rn'l bonditions shall, for purPrses ofthis Agreemenl. he modilicd t(' rcad as lbllo$s' ・ ・ Prohibited Practicc・ , 一 お meais a co€rcive Fractice, a collusive [aclice. a conupt practice. a fraudulcnt pmctice a misuse r)f the Banl's i..nr.""r. - obslruclivr'praclicc or a thcli. as cach of thcsc terms is detined in fie Bank s Enforccment Policy and Pn)(edures dalcd 5 \ovcnrber l0l5 irnd ns such lenns ar. lirrlhcr inlcryletcLl 1n thc Pr,)hihiled l'ra'ticcs (;uldellDcs ti)r L.BR,) oPeratlons diited l:ehruitr) 1016' (d) The definition of "Rclirence Page" in Section 2 0: of thc Sundard lcrrDs artd ■ iiondirions shall. for purposes ol lhis Agrecmcnl. be modilied lo rcad as follo$si ■ "Rcfcrencr Page" means lhe displa) of(i) lbr Loans denominaled in USD or I. l.ondon interbank offercd rates oi major banks for ■ dep(,.its in lhc Lnart Crrrrcncr designtLl.d ai pagc ■ ■ ■ ● 一一 Ｌち ａ一・ ︼︼﹈い︼︼＾ ︼﹇︼白︼︼︼︼︼ ︼︼︼︼．．・ ．．・ 一 ︐ t:x}]( li]'toN vERstoN LlBORol on Thomson Reuters scn.ices (or such other page as ma) replace pacc t-lB()R{ll on Thomson Reuters services 1'or lhc purposc oi displa!.iru LoDdon interbank ollered rates lbr dep():iils in lhc l_orn Currcnc).). and (ii) frrr Lonns denominated in Euro. ljuro"/onc inlerbank ofered rates for deposils in the Loan Currcncy designated a\ page EURIBORoI on lhonrson Reulcrs services (or such orhcr page as may replace I-URIBOR0I on Thomson Reulers sewices for the purpose of displaling Euro-zone inlerbanl offercd rates lbr deposits in thc [.oan Currency)." (e) The defuition of "TARGET Day" in Secrion 2.02 of the Standard Tenns and Conditions shall, for purposes ol'dlis Agreemenl. be modilied to rcad as ibllows: ・・「 ARCEl r)aヽ・ mcans any da) on which thc l_rans-l]uropcan Aululated Real-time Gross Settlcment Exprcss Transfff systcm is opcn for the settlemenl ofpavmcnls in Euro." (0 Section 3.04 of thc Standard Tcms and Conditions shall. for nurFrses of this Agreement. be rrodillcd to include a lrcw Scction 1.04(e) $hich shall rcad as lollo$s: "(c) Ifan event specified in Sccli(nr 7.06 ol lh.'slandard lunn\ rnd Conditions has occurr€d and is continuing. thc Rank ma) el.cl to rcquire lhc Borrorver lo pay intercst on the ponion of the Loan, if aoy. that is subject to a Fixed lnterest Rate nol at such Fixed [nleresr Rale but instead at a Variable Inlerest Ratc." (D Section l.lo(bx2) ofthc Standard Temrs and Conditions shall. for purposes ot this Agreement. b€ modified ro read as lbllou's: "anl ponion ofthc l.oan \\hich rj subject to a lrixed Interesl Rnte is flccelcratcd pursuanl lo Scction 7.06 or olhcr\Lisc becomes due prior lo its statcd maluriq'or bccomcs subiccl tu a variable Inleresl Rale pursuant to Scction 3.04(e) ofthe Standard Terms and Conditions; or". Sectionl,02. D.linitions さ Ｌ Ｅ whercver used in this Agreemenr (includinB the Prcanrhlc and Sclrcdulcs). unless stated otheru'isc or lhe comerl othcr\\ivj reqrirl's. lhc ls.nrs defincd in lhc l\earnhlc have thc respective mcanings gr\en rL) lhcm lh.rcill. lhc lerms,lcllnrd rn th('Slrrrdaftl Terms ard Conditions have thc respecrirc nlcanings gi\cn rc thun tlterlin ard thc following terms have the tbllowing meanings: さ "Association Agreement" mcans an Associalion Agrcemenl bcl$een the European Union and the l:uropean Atomic Energ) (\)mmunily and thcir \lember Slates. on lhe one ptrt. and (ieorBia. on lhc othcr parl. signed on 27 Juoe 2()1.1. ■ ︐ E E ・ Bencliciar、・ 1 ヽ 1( 1 11()ヽ ｀ 1:く ヽ￨()ヽ ￨ ヽ ￨、 ￨￨= 1 111 ￨ E E nreans \\aslc rcar loaded conlpacli()n vehicles itnd lrasle containcrs (, be acquired using lhe nroc.cd\ ol lhc Iortn a.d ro be disribuled lor usc hy lhe Ileneliciarics in accordance \r'ith lhe TGnsttr Agrccmenls. 3 ● こ こ "Project means thc Mu icipal Developmcnt lirDd of Gcorgia, a Enrit)'' lcgal entiE- of public tarv *'ith regislration number 206074193. rcSislered b! Decree \o.558 of lhc Govemmenl of (ieorgia on l0 Oclober 2015and lill-'" o\Yned by the Bono\er こ こ と "Stakeholder Participation Programmc" e la ロコ mtans a progmmme to enhance public alvarcness of sanilarv handling ol solid \\asl(j to bc prcparcd h\ intemational consultants and to he inlplemented b)'thc Rorrower. through thc Virlistr! ol Fn\ironment aDd Natural Rcsources Protection. ●こ "Subsidiary Lonn Agreemenf "TraDsler ABrecmenl" ヽttti(,il l l13 、 、 ￨ means the subsidiary loan:tgrccnlenl. in lbnn and substance satislaclor) () lhc Ilank. lo hc cntercd iDto between the Bofio$'er. rcpresenled b) the Ministry of Finance, and the Project E ity. for lhe on-lending hy lhe Bono\a'er ofthe Loan lo the Projecl Entit) mcans an agrcemenl bett|een thc l'roiccl l:nlil!' and each Rencflciary lbr lhe transfer b\ lhe t'roiecl Lntil) lo lhe Beneficiarl ol lhe rclcvant Projccl As:,ets. $hich agrcenrcnt shalt contain the ob,igalions of thc Ben€ticiary as scl out in Section ?-01(aX2) ol thc l)rojecl Agreement. 1〔 11(11'Iせ t:111̀,n ￨ 13 lヽ ::(t 11()ヽ ヽ!:Rヽ ￨()ヽ ■ ヨ ARTICLE::― PRIN(111'AL iERMS()r TI:l:LO′ ヽヽ ヨ ヽccti()n201 = = ,ti, 1llo Iヽ .11〕 k tiビ ￨ぜ せ｀1. ￨で :じ itrrc(1 lo lll tlli、 ヨ ヽin()unt an(1( u rrenc、 . 卜,(1,t l, ￨￨ 、、1 、1 1ヾ i、 1 1ヽ 「 III t 111ヾ tl l● [■ ■ヽ 1ヽ ビ c口 1ビ 〕 「 t Iヽ 11,t'I,「 =ヾ ヨ Scctior| 2.(12. ()thcr I intlncirl I (rn\ r,f lhc l-orn 鶏 (a) The Minimum Drawdorvn Amount shall bc EUR 50,000. 1E ヽ 〕、￨ ご1 , 、、 、t l'【 ll( (b) 'I]te Minimum Prepa)'nrenl Amounl shallhc lil R 2.000.{)rx). (c) I-he Minimum Cancellalion Amount shall hc LtiR 2.000.000 (d) The tnierest Payment Dates shall be 28 April and 28 Oclobcr ol each )'ear. (e) (l) The Bonower shall repay the [.oan in iouneen equal (or as nearly equal as ■ ■ ■ ■ possihle) scmi-.nnual inslalnrcnts on 28 April and 18 Oclobcr of cach year. with lhe first Loan Repalment I)rle bcing 28 ocloher 2019 irnd lh.' last Loan J Repalmcnl Datc beirg 2E April 2026. IB I= ３ specified ir this Section :.02(e). and (ii) the Ilank exlcnds lhc t.ast nvailahilil! Date spe{ified in Seclion 2.02(l) belo\r lo a dale *hich lhlls alicr such lirsl l-oa,r Repayment Date. thcn thc amounl of each dro!r-do$'n mnde on or afier the tinit Loan Repayment Date shall bc alhcated lirr repalmenl in equal amounls tLr lhc several Loan Repayment Dates \r'hich fall afler the date ol stlch drawdo$n (with the Bank adjusling the amounis so allocated as necessary so as lo achie\e $hol(' numbeas in each ca-s€). The Bank shall. from time to linlc. nolil.v lhe Brrrrorter ol' such allocalions. ■ (2) Notwithstanding thc lireSoing. in th€ rrent that (i) thc llorro\cr docs nol draw dostt thc cntirc Lotul antounl prior to $! lirsl t-o:rn Rcna)'menl [)al,r (f) Thc Last Availability Date shall be 28 October 2019. or such laler date (hat the E Bank nlay in its discretion eslablish and ndif) lo lhe Bofto\ler. Ifthe Arailable Loan Amount. or an) pan thereof. is \uhiecl to a Fr\ed lntcresl Ratc and lhc Ilank poslpones rhc Last Availabilit)- Datc, the Borower shall promptll pay to thc l]ank such amounl of Unwinding Costs as shall. from lime to time. bc nolified by lhe lltuk in sritinS lo lhc ■ ,■ 一 ■ Borrower = こ こ (g) lhc rate ofthe Comnlilmcnl ( har-sc shall b.'0.io'i, pcr annunr. (h) 'fhe t.oan is subjecl to a variabl(- Inlcrcsl Ralc. r\ot\\ilhstandi g thc lbregoing. 一 the Boro\rer may, as an ahemalive lo pa)ing intcrcsl al a Valiablc Int{resl Rate on all or any.' ponion ofthe Loan then oulstandinS. elecl to pa)'interest al a fixed Interesl Rate le Standard l'erms on such porlion ofthc l,oan in accordance wilh Section 3.04(c) oi ﹄ and Conditions. ＾ DXECI,ITION VERSION Seclion2.03. Drrwdorvns ヽ (a) The Available Amounl may be dra\tr! down from time to timc in accordEnce with ヽ ヽ the Fovisions ofSchedule 2 lo finance (l) expenditures made (or, il lhe l|5nk so a8recs, b be made) in respect of the reasonable co$ of goods. \yorks and sen iccs required for the Projecl and (2) thc Front-cud Commission. (bl 'l'he llormr\er hcrchy aLrthoriscs lhc lhnl lo dras ,losn liom lhc A'ailablc Ann)lLnt an rmounl cqual lo lhc l:ront-srrd Cornmrssiorr inr(l lo Pat ilsull lhc lr(,nl_cnd Conrmission on behall ol thc llorro*cr. ヽ ¨ ARTICLE III - EXECUTION OF THE PROJECT Section J.01. Other Aflirmrlile Pr{ri(ct Corcnants lh addition to the genc.al uodcnakings set foflh in Articler lV and V of lhc Siardsrd Tcrms and Condilious, the Bormwer shall. unless the Bank oth,rn-rise aSrcesr (a) Make available to the Project E,rtity. pursuant to the Subsidiary l.oan Agreement. lhe pmcecds ofthe Loan on lerms and conditions acceptable to lhc llank: (h) Exercise ils rights under thc Subsidiarl l.oan Agrcenrcnl in such manner as tu p()tect the intercsls of thc BorroNer and the Bank. Io conrpl\' \\ ilh th. pr(rr isiols of this Agreemcnt and to accomplish thc purp()ses for Nhich lhc Loan is madc: (c) Not assign, amend. abroglte or waiae an) provisil)n ol'thc Suhsidiar) Loau Agrcementl (d) wilh the a-rsinance of the consullanLs to be provided in accordance *ith a l-C Gran! Agreemcnt. carry oul thc Stakeholder Panicipation Programmc irr chrse coopcration Nith the Benefi ciarics: (e) take all actions within its competence and authorit) in order to cnsure lhat the Beneficiaies comply with the obligalions set out in Seclions 2.01{n}(2)(iii) lo (viii) ol the Projcct Agrerhent: (t) Caus€ the Proje.l Entit-v lo perfomr all o[ ils ohligations under the Pro.iecl ,Agreement. includinS wilhoul limitali(Jn i1s ohlicalions relalioE to: (l) designation and operation (rf a project team as provided tbr in Scction 2.01 of the Proiecl Agreemenl: (2) procuremenl of Sooils. works and serlices lbr thc P(rjccl .N prolided for in Secrion 2.04 ofthe Proiecl Agreemenl; :ヽ 1( t iI()ヽ ヽl:IRヽ l()ヽ (.1) environmcnlal and providcd f(,r 2 05 0r thc I)roiect AgreL-ment: (4) employmenl and usc of consuhanh lo assisl;n (he implomcnraliotl lhc Project as provided for in Scct,(,n 2.06 ot thc Proiecr A8rcenrenti (5) preparalion and submission of reports on nlallcrs r!,lating to the project. the Projecl Entity's and thc Beneficiaries' opemtions related to thc proiect as pro\ided for in Section 2.07 ofthe Projcct Agrecmenr: (6) maintenanc. (!t proccdLrres. rccords and irccoLrn15. prslirrlrli(ln. lu(liling and submission to the Bank ol' liDJncial 5tarrtncnrs .rnd lurnishin! to the Bl k an! other relcvant rnformalion relalir]e lo rhc PruJccl ur thc Pro)c Ilnljl\ s opcrcllons as provided for in Seclion i.ol ofrhe Project Agreemenrl and (7) compliance with allcovenants regarding financial and operational aspects of the Ptoject and the Ptoiccl Enlit_v as provided for in Scction 1.02 ot thc Projecr Agreemenl: (g) Take all necessary steps to enstrrs that rhe Projecr Entir). pertbrms all of irs obligations under the Trsnsfer Agreemenls: (h) Take all necessar! slqps to ensurc lhal lhe BorroNer's obligations under the -Association A8reeme . relevant to the Projcct. are implcmcnlcd $.ithin lhe rimctine prcscribed in thc Associatio[ Agreemenl. and (i) TaIe, or cause !o be uken, all addilional action nc(rssarv li)r the conlplulilrn ol' the Projecr. S.ctio[3,02. Cotrsull.rts (a) In order to assist in the implemcnration oflhe Projecl. thc Borro\rer (through the Ministry of Environment aud Natuial l{csources Prorecriot) shall, unless othenvisc agreed with the Bank, employ or causc to tle emploled. ari roqurrcd. and use consultots whose qualifications, experience and terms of retarencc arc satisl;ctot_'\ to the RanI. to assist in the prcparation ard implementation of thc Shkeholdcr ParlicipatioD Programm€. (b) The Bono\€r shall provide. withoul charge. to any consullants engaged to assist in matters relating ro thc Proicct all tireilities and suppon necessan for lhe aarrying out of their tunctions. including ollicr.' space. us uell :rs all docLrnrcnts. malcrixls and olher infomution thal ma) be rclevanl l(r thoir work. E\E('I 'TI0\ VERSIO\ Section3.03. Procurcmcnt For purposes ofSection 4.03 ofthe Standard Terms and Condilions. the followiDg provisions shall, excepl as the Bank othcrvise agrees, govcm procurcnlcnl of sen.ices required lbr the Project and to be financed out of the procceds of lhe lC grant to be provided under a TC Grant Agrecnrcnr: (a) Consullants to be emploled by thc Bono\cr to assisl in lhc carrying our lhe Projrct shall he sclected in accordance Nith lhe nrocedures set out in ( haplcr 5 of thc IIBRD Procuremenl Rules. (b) All contracts shall bc subject 1o rhe revie\r procedurcs ser tlur in the EBRI) Procurement Rules and shall be subjcct to prior rcvic\ bY rhc BanL. SectioD4.0l. Su.Dcnlion Thc following aI! spccificd Ibr purposcs of Seclion 7.01(a)(x!ii) ol rhc Slandard and Conditions: 'ferms (a) The legislalive and regulatorl fmnrework rpplicahlc lr) the rasrc nraDaacm!'nl seclor in the lerritory of the Borrower shall have hccn amcndcd, slr\Nndcd. abrogated, rapealed oi waived in a manner which materially and adversely affecls the operations of the Project Enliry or lhe Bencficiaries or their ability ro carrl out rhe Project; (b) The Sratutes of the Projecr Enrirt-' shall have been anrendcd. suspended. abrogaled. rcpcalcd or \r'aivcd in a mamrcr. \\hich in thc opinNn of thc tlank. acling rcasonabl!. materiall) and ndverscll affcct:i lhe operulion ol lhc Prlriccl I nlil\ rlr its lbilill lo cn1T) oul lhc P.oiccl: (c) Contrcl of the Projccl Enlitl shall havc bccn transf!-rrcd rc a pan) olhcr lhtn the Borouer; (d) The Project Entitl- shall have l'ailed to perform aDy of its obligalions turder the Subsidiary Inan Agreement or anv l ransicr AgreemeDl: (e) r\ny ol lhc Bcretlciarics shall harc lailerl lo pcrtirrnr anr ol lhcir obliBalions under the relevarl lransfer Agreemenl: and Grant (f) Thc Bonower shall have frilcd to perform 8n! of its obligations under the 'fcrms Agreement or any of the eyenls described in Section 7.01 (axx) ofthe Standard and ConditioDs has occurred \ith respect lo lhe (hanl Agrecnenl or an) [( Granl Agteeme - nuldlis fiulandir. ム ● f xF.( t Tto\ \ ]:Rsto\ ＾ Section {.02. Accelereiior of l\laturir.r. ▲ ▲ ▲ The follorving are specifiert tor purposcs ot Section 7.06(t) o,.lhe Stsndard Terms and Condilions: anv ofthe e!enrs snccitied under Scctir)n,101 shall havc occurred and continucd without remedy for thirty (lO) days alrer nolice thercof shall havc been given by the Bank to rhe Borro*€r. - ら 力 ARTICLE V - SFFECTIVENESS ▲ ▲ Seation 5.01. ConditioDs Precodent to Effectiycness ■ The follorving are specified for purposes ofseclion 9.02(c) ot.rhc Standard Tcrms and Conditions as additioDal condilions to lhe elleclr\cncss ol'this A!:rccnrcnl anLl lhc Proiecl Agrecment: ら 一 (a) 'l'he Subsidial l-oan Agrccmcnl. in tornl and substance salisfacor\ lo lhc Rrnk. ▲ hrs been cxecutcd and deliveled and all co drtrons prcccdcnt t,, ir. <(.cLrirrncss or tL, thj ri8ht of thc Project lrntitr 1() makc drawings lhcreunder. cxcept onl). the effectiveness ofthis Agiecment, have been fultjlled: Ｌ Ｌ (b) The Bank has receivcd cenificd copies oflhe Slalures ol thc pn)jecl Fnlir]: (c) The Granl Agreemmt has bccn executed and delirercd and all condirions ら precedenl lo its eilectiveness or to lhe righl of the proiecl Entin lo male dra\ings thereunder. except only the cfl'cclr\cn(ss o,'rhi< \grccmeu. harc hien fulfillcd. il]),.1 Ｌ (d) The project ream rcferred lo in Section 2.03 ol thc proiecr A8recmenr has heen ■ designated with adequale r€sources and suitably qualilicd personn;l under terms of reference acceptable to thc 8ank. Ｌ Ｏ S€ction5.02. t,egrlOpinions ︵ う (a) lor purposcs of Sccti(,n 9.01{n) ()l thc Sranda(l lc.ms and ( ()lrdilions- (h( opinion shall be given on behalloflhe llorro\acr bv rhe Vinisrn of Juslice and the following are specified as additional maners ro be included in thc opinion or opinions ro b€ fumished ro the Banl: (l) Ｌ ＾ thc Subsidiary Loan Agreeme t has heen dulr.' aulhoriscd bv. nnd delirered on behalf of, the Borrowcr a;d conslitutes a valid inri legallr hrntling obhcarion olthe Bonowcr. enlbrceahlc in ccordance \ilh it:i tcnns 島 ・ (b) For puposes of Seclion 9.01(c) of rhe Standard Tcrms and Conditions, lhe 義 opinion ofcouns€l shall bc given on bchalfofrhe Pft)iect llnliry b) thc hcad oflhe legal depa(mcnt of the Project Enrity and $e follo$ing are speciicd as addilional mrners lo be included in the opinion to bc tlrnished to thc Bank: Ｌ Ｉ 10 に Ｌ Ｌ ● Ｆ Ｌ Ｌ Ｌ Ｌ Ｌ 慧 Ｌ ュ ｒｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ ｌ E\I.]CI TIoN VERSION ) (l fie Subsidiary Loan Agreenent has been dult- iuthoriscri b\. and cxcculed and dclivcred on bchalf of. rhe Project Enlit) and consrrrures r valid and tegu y binding obligation ofthe Projecl Entil!. enforceable in accorda[ce with irs tr,rms. Sectio[ 5.0-1. Termination for Fsilu.c to Becomc EfTectilc The date 180 days afier lhe date oithis Agre.m.nr is spccilicd lbr purposes ol' Section 9.04 ofthe St ndurd l-erms and Conditions. AR'II(]t-I: \'I - NI ISCDI,I-A:{ EOI IS Secli0n(,.1)1. \o(iccs い ﹂ ｒ lhc lbllorting addrrssL'-r .ue :peeilic.! li,r Irnf(i,.s t)t ScLtiir) lr).t)l (,t-lhe Standard Icrnrs snd ( r,ndiri,,r\ Ior the Borrorrer: (lcorgiir i\linisrn.l Iinirncc 16. Corpasali slreer 0l l4 Thilisi Georgia Attention: ■ ■ ■ 卜 ご・ 一ビ 一 Fax: Public Debt and Extemal Iinancing Deparlment +995-3:-1261-421 For lhc Bank: ■ ■ ０ ・ 一一 二・ European lJanl for Reconslnrction and l)evclopmeni One ExchanSe Squar. l-ondon EC2A 2JN Unired Kingdom Altentioo: Fa\r Opcrdlion .\dministmtion Depannrcnr +44-20-713E-6t 00 ■ １ １ ■ １ ■ ■ １ ご・ 一一 一け 一ビ 一¨ 一一 II [■ [】 ご ■ 二‐ ■ 11ヽ ￨( !ヽ 二 】 L■ L 】 ヽヽ Iヽ ESSヽ ヽ1lLRII()￨、 「 ICP:C｀ Cnlati、 ヾ、11そ 1、 ヾ ゞ:t● :￨よ ! :i〕 、 PR 、｀ hC r● 、̀、 t ぜ、1l lピ i't tt, , 1,ank and 。11。 11)『 tlぅ c l,、 ]「 rぃ 、 、ぜr)(lnd dcl 、c「 c(1 above wlittじ Л 諄「■ L 】 L ■ hに 藤 ■ L■ L■ (。 1,ろ 卜 ド「 (t ̀￨ゼ ̀、 / K Eし itOI'i:Aヽ Bヽ ヽ I rOR RECr。 、sl Rt(lTICIヽ ヽヽD DFヽ E10Pヽ 1:ヽ r ■ 1´ ● ■ ■ ■ B、 ̀瀬 品 ● ■ 1 ■ 1 ■ 1 ■ ri■ ■ ■ ■ ■ 1 ■ こ ̀ = e 「´ 薔 [￨ ■ ■ [「 [: ロ ´ ■ 「 = =‐ =‐ ̀ ■ 3 12 1 11()ヽ ヽ￨ ￨て ヽ1()ヽ ￨ ￨11 1 , ￨ ￨ ￨￨ ￨￨ ￨ ‑ 「 ヽE(t[10ヽ ヽLRS10ヽ ヽ(lIEI)11!:1̲1)に ヽ(1く 11'lIく ,ヽ ()i 111::l｀ 1ヽ ():1(1 l. fhc purpose ol-lhc l)iot(.cl rs k) Jssrsl rhc lloflo\\cr in un(radinr rts solid $nstc management capacity by acquinng solid u.aste collcction vehicjls and coDtaincrs 10 be used by lhe Beneficiaries. レ ■ 2. The Project consists of the following parts. subject b snch modificatioos thercol as thc Bank and the Rono\r,er Dlay agree upon liom rimc b lintc: ■ 一 ﹂¨ A: Waste rear loadcd compaclion lehicte\ and Nn\lc contrincrs: PanB: lcchnical assistance to enhance the Beneficiaiics.capaciry in solid Pafl ■ ﹂ ■ 一け w&stc managefient and public a$areness of sanitary haldling ofsolid waste. ■ 一 3 . The Project is exp€cted to be complcled by 28 October 20 I 9. ■ 一 ■ 一 ■ 一 ■ ■ ■ ■ ■ ■ ︑ 一 ・一 一 一´ Ｊ ヽ ︐ rll :l =a '--a .-t t t t il J J sl 醜 :ヽ ::(l::(,N VElく ヽ10ヽ ■ ■ ■ ｒ ｒ ｒ SCI:EDtLE 2‐ Cヽ 111(:()RI:]ヽ .ヽ ヽ1):)lt、 ヽヽD()ヽ ヽヽS l. lhc tablc otlachcd lo lhis Schr:dulc scts lbdh lhe ( arc.rori(s_ lhc anlounl olthlj 卜 ■ Ｆ ■ 2. Ｆ ■ Ｆ ■ Ｆ 掛 Ｆ ■ [,oan allocotcd to each Catcgon and the l-(rcr'ntitlj,,f .r1,cn.tir,rrt. r,, ht llrrrnccrj rn each Calctlor\ l Nohlithslanding the provisions of paragraph ahove. no Drau.down shall br made in rcspeci of expenditures incuned prior to the date of the l,oan Agrecmenr. exccpi that Dnwdowns in an aggregale amount not excecding ELIR 2.000.000 may be made in respect of Categor.v (l ) on accolnt ofexpenditlrrcs incurrcd prior to thc dale of lh( l.oan Atrccnrrnt hur afier Ii \lal :016. L'i LI .a .r' .. ,. .:l -j .-/ ヨ 一 ■ 憂Ｊョョョョ凛Ｊ -a ヽ2 r,r\lr( ( 'l.lo\ \'Et{sto\ \lla(hrrcnl tr) Schcdulc 1 Amoutrr ofihe lran AllN.red in IIr l-osn ( urr.n.\ (l) Wasrc rcar loaded Pencnr.8. of E\Icndilurcs lo b( tinntr(cd I 0l)'r'. ol.ontricl vilue compac on v€hicler and $'ane cortain€rs (Pan A ol ttt Proje(0 (2) lront-endConr"rssnnr 10(° ￨ 10(〕 Ol()00 蠣Ｊ sl